Today, Mostafa bin Abdullatif Foundation is organized in a vertical structure that represents other smaller foundations, holding companies and subsidiaries. The groups head quarters are located in Dubai and Manama. The company business interests are diversified into three different categories that overall employs over 500 members from different countries, all working together in harmony.
Sheikh Saeed Al Maktoum, The Ruler of Dubai (in the middle) with the Grand Mufti of Palestine on his right and Sheikh Mostafa Bin Abdul Latif on his left.
Our story is one of legacy—rooted in the vision, resilience, and values of our founding generations. For over a century, we have upheld a tradition of integrity, responsibility, and long-term commitment across all our businesses.
While we honor our past, our eyes are set firmly on the future. We embrace innovation, digital transformation, and sustainability as core drivers of our growth. In every venture—from real estate and private equity to logistics and new technologies—our ambition is to create enduring value and build a future-ready organization.
Our Board of Directors define the path and are guardians of shareholder rights.
Our shareholders are at the heart of this journey. Their trust, patience, and support have been instrumental in shaping who we are today. As custodians of this shared legacy, we are committed to transparent governance, responsible growth, and protecting the interests of current and future generations.
Warm regards,
Hamdan Mostafa
Group CEO
Sustainability, at its core, is the ability for something to endure over time. It is a principle most often associated with environmental responsibility or economic resilience—but it also lies at the heart of enduring family businesses. Just as we ask why we want our cities, oceans, and buildings to be sustainable, we must ask: Why must family businesses be sustainable? The answer is simple yet profound—because their purpose extends beyond short-term profit. Their true value lies in preserving a legacy, empowering future generations, and building enterprises that last.
Family businesses are inherently tied to sustainability. Unlike publicly traded companies that often prioritize quarterly earnings and shareholder returns, family-owned enterprises typically take a long-term view. Their decision-making is shaped not just by financial metrics, but by family values, reputation, and a desire to pass something meaningful to the next generation. In this way, sustainability becomes more than an environmental ideal—it becomes a strategic necessity.
For a family business to reach the second and third generation, sustainability must be embedded across several dimensions:
Economic Sustainability: The business must be financially sound and able to adapt to market changes without compromising its core. Diversification, prudent investment, and controlled risk-taking help ensure resilience across economic cycles.
Leadership Sustainability: There must be a deliberate effort to groom future leaders. Without proper succession planning and mentoring, even the most successful business can falter. Sustainable family businesses invest in education, exposure, and involvement of younger generations early on.
Governance Sustainability: Clear structures, family charters, and transparent decision-making processes are crucial. These mechanisms prevent internal conflicts and ensure that the business remains united in vision even as it grows more complex with more family members.
Cultural and Value Sustainability: Perhaps the most overlooked, yet most important, element is the preservation of values—ethics, integrity, and a sense of purpose. These are the invisible threads that tie generations together and give meaning to the business beyond financial success. In many ways, a family business is like a living ecosystem. If it is managed with care, balance, and foresight, it will flourish and serve many. But if it is exploited for short-term gains or allowed to fragment, it will deplete itself over time.
Sustainability in this context means more than survival—it means continuity with purpose. It is about ensuring that each generation not only inherits wealth but also a mission, a standard, and a shared responsibility. That is why sustainability is not just relevant to family businesses—it is essential.
In conclusion, a sustainable family business is one that thinks generationally, acts ethically, governs wisely, and builds enduring value. It is a business that honors the past, serves the present, and prepares consciously for the future. As with the environment we live in, we must steward our family enterprises with care—because what we build today is what our children will inherit.
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